Vericel Corp (VCEL) Shares on the Rise: Short-term Analysis

At the time of writing, Vericel Corp [VCEL] stock is trading at $53.56, up 7.25%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VCEL shares have gain 13.67% over the last week, with a monthly amount glided 4.04%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Vericel Corp [NASDAQ: VCEL] stock has seen the most recent analyst activity on August 09, 2024, when Canaccord Genuity initiated its Buy rating and assigned the stock a price target of $57. Previously, TD Cowen started tracking the stock with Buy rating on June 20, 2024, and set its price target to $55. On January 25, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $51 on the stock. BTIG Research upgraded its rating to a Buy but stick to its price target of $39 on August 08, 2023. BTIG Research downgraded its rating to a Neutral. Truist downgraded its rating to Hold for this stock on November 09, 2022.

For the past year, the stock price of Vericel Corp fluctuated between $30.18 and $54.08. Currently, Wall Street analysts expect the stock to reach $57.33 within the next 12 months. Vericel Corp [NASDAQ: VCEL] shares were valued at $53.56 at the most recent close of the market. An investor can expect a potential return of 7.04% based on the average VCEL price forecast.

Analyzing the VCEL fundamentals

According to Vericel Corp [NASDAQ:VCEL], the company’s sales were 214.52M for trailing twelve months, which represents an 14.68% jump. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.39.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 50.81 points at the first support level, and at 48.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.20, and for the 2nd resistance point, it is at 56.85.

Ratios To Look Out For

It is important to note that Vericel Corp [NASDAQ:VCEL] has a current ratio of 4.50. Further, the Quick Ratio stands at 4.16, while the Cash Ratio is 1.73. Considering the valuation of this stock, the price to sales ratio is 12.24, the price to book ratio is 10.77 and price to earnings (TTM) ratio is 13390.00.

Transactions by insiders

Recent insider trading involved Colangelo Dominick, President and CEO, that happened on Aug 15 ’24 when 17500.0 shares were sold. President and CEO, Colangelo Dominick completed a deal on Aug 14 ’24 to sell 17500.0 shares. Meanwhile, Officer Colangelo Dominick bought 17500.0 shares on Aug 15 ’24.

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